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Mexico City, Mexico, cob 8 reales Royal (galano), 1607F, very rare, NGC XF details / holed, finest a

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:12,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
Mexico City, Mexico, cob 8 reales Royal (galano), 1607F, very rare, NGC XF details / holed, finest a
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Mexico City, Mexico, cob 8 reales Royal (galano), 1607F, very rare, NGC XF details / holed, finest and only example in NGC census, ex-Rudman. S-M15; KM-unl; Cal-871. 26.87 grams. Whatever their purpose or origin of concept, almost all Mexican 8 reales Royals are perfectly struck on full, evenly thick and perfectly round planchets, and this one is no exception, with nice light toning over natural surfaces showing only honest high-point wear and no damage apart from the customary hole at top (aligned axis as usual). This piece, a die-match with Lazaro #34 (rated R3), is further distinguished as being the first dated crown of the New World, unlikely to be improved-upon as the only example graded by NGC and a virtual tie with both the Lazaro specimen (which has a Guatemala countermark) and one sold by Hess-Divo in October 2004 (lot 1299), as well as the unobtainable Vidal Quadras y Ramon specimen (#8169), all of which are finer than the F.C.C. Boyd specimen (Superior, June 1975, lot 1933) that was crudely holed over the date, any other examples besides these five being unknown to us. NGC #2789248-002. Pedigreed to the Isaac Rudman Numismatic Cabinet.